President Joe Biden met US business leaders including Jamie Dimon, chief executive of JPMorgan Chase, and Doug McMillon, chief executive of Walmart, as he seeks support from titans of corporate America for his $1.9tn stimulus plan.
The gathering in the Oval Office on Tuesday afternoon was Biden’s first with top business executives since his January 20 inauguration, setting the tone for the relationship between the new administration and American companies.
Biden has embraced economic plans based on hefty government stimulus and infrastructure investment that is largely supported by American business given the economic downturn triggered by the coronavirus pandemic.